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Patterson Companies, Inc. - PDCO STOCK NEWS

Welcome to our dedicated page for Patterson Companies news (Ticker: PDCO), a resource for investors and traders seeking the latest updates and insights on Patterson Companies stock.

Patterson Companies, Inc. (Symbol: PDCO) is a leading specialty distributor in the dental and veterinary supply markets. The company is dedicated to addressing the needs of healthcare professionals by offering a comprehensive range of products and services. Patterson operates through two primary business segments: Patterson Dental and Patterson Animal Health, providing a 'total-package' approach for their customers.

Patterson Dental offers a virtually complete range of consumable dental products, advanced equipment, cutting-edge software, turnkey digital solutions, and value-added services. They cater to dentists and dental laboratories throughout North America, ensuring that professionals have access to the latest technology and supplies.

Patterson Animal Health, which includes Patterson Veterinary Supply and Animal Health International, is a major distributor of consumable supplies, equipment, software, diagnostic products, vaccines, and other pharmaceuticals. Their market extends to companion pets, production animals, and farm/fleet store markets across the United States, Canada, and the United Kingdom.

With a strong emphasis on continuous improvement and customer satisfaction, Patterson Companies has established strategic partnerships and invested in innovative solutions to stay ahead in these growing markets. The company's largest revenue segment is Animal Health, contributing significantly to its financial performance. Geographically, the majority of its revenue comes from the United States.

For the latest updates on Patterson Companies, including news on financial performance, product launches, and industry developments, visit their official website at www.pattersoncompanies.com.

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Patterson Companies, Inc. announces a new share repurchase authorization of $500 million and a quarterly cash dividend of $0.26 per share.
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Patterson Dental partners with Vyne Dental to offer alternative insurance claims processing solution for Eaglesoft customers affected by a recent cyber incident. The collaboration aims to provide rapid resolution of insurance claims, real-time eligibility checks, and electronic remittance advice, with the first month offered free to customers.
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Patterson Companies, Inc. (PDCO) reported a 1.0% increase in net sales to $1.62 billion in the third quarter of fiscal 2024. The company delivered GAAP earnings of $0.52 per diluted share and adjusted earnings of $0.59 per diluted share. They returned $148.8 million to shareholders through dividends and share repurchases. Patterson revised its fiscal 2024 guidance to $1.99 to $2.04 per diluted share for GAAP earnings and $2.30 to $2.35 per diluted share for adjusted earnings.
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Patterson Companies (PDCO) to hold fiscal 2024 third-quarter call on February 28, 2024, with earnings release before market opens. Webcast and conference call details provided for interested parties.
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Patterson Companies, Inc. (Nasdaq: PDCO) announced the election of Pamela Tomczik to its Board of Directors, effective February 2, 2024. Ms. Tomczik, currently Senior Vice President, Treasurer, and Corporate Development at Target Corporation, will serve on the Board's Audit and Finance Committee. The Board increased its size from nine to ten directors to accommodate her appointment. Ms. Tomczik's extensive experience in finance, treasury, and M&A functions will provide valuable strategic insights and enhance diversity of perspectives on the Board.
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Patterson Companies, Inc. (Nasdaq: PDCO) declares a quarterly cash dividend of $0.26 per share on December 5, 2023.
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Patterson Companies, Inc. (Nasdaq: PDCO) reported a 1.6% increase in net sales to $1.65 billion in the second quarter of fiscal 2024. The company delivered GAAP earnings of $0.42 per diluted share and adjusted earnings of $0.50 per diluted share. Patterson revised its fiscal 2024 GAAP earnings guidance to $2.04 to $2.14 per diluted share and adjusted earnings guidance of $2.35 to $2.45 per diluted share.
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Patterson Companies (PDCO) will hold its fiscal 2024 second-quarter call on November 29, 2023, at 7:30 a.m. CT. The earnings release will be issued that morning before the market opens. The live webcast and conference call replay details are available on the company's website.
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Patterson Companies (Nasdaq: PDCO) partners with global dental AI leader Pearl to integrate Second Opinion® and Practice Intelligence® software solutions within Eaglesoft practice management software. The partnership aims to streamline operations, optimize efficiency, and maximize profitability for dental practices. Pearl's AI capabilities will be integrated within Eaglesoft, delivering advanced clinical AI capabilities to Patterson Dental customers across the United States.
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Wellfit Technologies, Inc. announces a strategic partnership with Patterson Dental to provide an integrated technology solution for patient financing, customizable dental plans, and payment processing. The solution, called CarePay+, will be offered to both new and existing Patterson Dental customers. CarePay+ will streamline financial processes and simplify the management of dental plans and payments, enhancing the overall dental care experience for practitioners and patients.
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FAQ

What is the current stock price of Patterson Companies (PDCO)?

The current stock price of Patterson Companies (PDCO) is $30.86 as of December 20, 2024.

What is the market cap of Patterson Companies (PDCO)?

The market cap of Patterson Companies (PDCO) is approximately 2.7B.

What does Patterson Companies, Inc. do?

Patterson Companies, Inc. is a specialty distributor serving the dental and veterinary supply markets, offering a comprehensive range of products and services.

What are the main segments of Patterson Companies?

The main segments are Patterson Dental and Patterson Animal Health.

Where does Patterson Companies generate most of its revenue?

The company generates most of its revenue from the United States.

Which segment contributes the most to Patterson's revenue?

The Animal Health segment contributes the most to Patterson's revenue.

What products does Patterson Dental offer?

Patterson Dental offers consumable dental products, equipment, software, digital solutions, and value-added services.

What markets does Patterson Animal Health serve?

Patterson Animal Health serves the companion pet, production animal, and farm/fleet store markets in the US, Canada, and the UK.

How does Patterson Companies stay competitive?

Patterson Companies stays competitive through strategic partnerships, innovative solutions, and a focus on customer satisfaction.

Where can I find the latest news about Patterson Companies?

Visit their official website at www.pattersoncompanies.com for the latest news and updates.

Does Patterson Companies operate internationally?

Yes, Patterson Companies operates in the United States, Canada, and the United Kingdom.

What kind of digital solutions does Patterson Dental provide?

Patterson Dental provides turnkey digital solutions that include advanced software and technology for dental professionals.

Patterson Companies, Inc.

Nasdaq:PDCO

PDCO Rankings

PDCO Stock Data

2.73B
87.31M
1.08%
90.33%
3.38%
Medical Distribution
Wholesale-medical, Dental & Hospital Equipment & Supplies
Link
United States of America
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